favorite this post 8br - *******Fourplex for sale in Fresno--Nice investment property***** (FRESNO) hide this posting unhide

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8BR / 8Ba available dec 15, 2017

license info: 01859500

**********Excellent Investment//Four plex for sale

Traditional Sale,2 units of 3 bedrooms 2 baths, 2 units have 2 bedrooms 2 baths. All units are rented.Every unit has 1 car garage, washer dryer hookups. 2 bedroom units are on first floor, 3 bed units are on second floor. Small yard with every unit. Tenants love these. There is community pool, Gated community for security.Good cash flow from the day of closing as all units are rented.Nice neighborhood. HOA dues are $ 995 pm for whole building. HOA pays for water,sewer,garbage, security, upkeep of the power gates, gardner, roof, the exterior of the building (Painting) and pool, the exterior insurance, trash picup from grounds,landscaping, street lights in complex, main sewer lines in complex.HOA dues are very reasonable.Currently the rents are low for this fourplex- Now a days- (Fresno Housing Authority rents go up to $ 910 for 2 bedroom units and for 3 bed unit $ 1272 this is effective 10/1/17---This may be potential rent at some time in future) Calculate your potential Rate of Return With new rents by Housing Authority Fourplex can bring an imaginary Potential rent of $ 4364 at some point of time in future. calculate the potential on that. Thanks

Puneet Bhargava Broker Associate
Century 21 M&M and Associates
  • do NOT contact me with unsolicited services or offers

post id: 6426605145



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